Zscaler (NASDAQ:ZS) Given Overweight Rating at Stephens

Zscaler (NASDAQ:ZS)‘s stock had its “overweight” rating reaffirmed by equities researchers at Stephens in a research note issued to investors on Friday,Benzinga reports. They currently have a $200.00 price objective on the stock. Stephens’ price target points to a potential upside of 58.59% from the company’s current price.

Several other brokerages have also recently issued reports on ZS. BTIG Research restated a “neutral” rating on shares of Zscaler in a research report on Thursday, April 9th. Sanford C. Bernstein reduced their price objective on shares of Zscaler from $228.00 to $224.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 27th. Royal Bank Of Canada restated an “outperform” rating and issued a $200.00 price objective on shares of Zscaler in a report on Wednesday. FBN Securities reaffirmed an “outperform” rating and set a $175.00 target price on shares of Zscaler in a research report on Wednesday, May 27th. Finally, Berenberg Bank set a $200.00 target price on Zscaler in a report on Thursday, May 28th. Thirty-four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $214.33.

Zscaler Stock Performance

Shares of ZS stock opened at $126.11 on Friday. The business’s 50-day moving average price is $142.69 and its 200-day moving average price is $178.18. Zscaler has a 12 month low of $114.63 and a 12 month high of $336.99. The firm has a market capitalization of $20.39 billion, a price-to-earnings ratio of -262.72, a PEG ratio of 77.99 and a beta of 0.97. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.72.

Zscaler (NASDAQ:ZS) last released its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.07. The company had revenue of $850.48 million during the quarter, compared to the consensus estimate of $835.14 million. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The firm’s revenue was up 25.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.84 earnings per share. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. Equities research analysts forecast that Zscaler will post 0.11 EPS for the current year.

Insider Buying and Selling at Zscaler

In other Zscaler news, EVP Raj Judge sold 2,488 shares of the stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total transaction of $389,595.92. Following the completion of the sale, the executive vice president directly owned 67,906 shares in the company, valued at approximately $10,633,400.54. This trade represents a 3.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Kevin Rubin sold 1,682 shares of Zscaler stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total value of $263,384.38. Following the completion of the transaction, the chief financial officer directly owned 46,479 shares of the company’s stock, valued at approximately $7,278,146.61. This trade represents a 3.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 12,130 shares of company stock valued at $1,892,487 over the last three months. 17.20% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Zscaler

A number of hedge funds have recently added to or reduced their stakes in ZS. Groupama Asset Managment grew its position in shares of Zscaler by 76,352.6% during the 3rd quarter. Groupama Asset Managment now owns 4,750,000 shares of the company’s stock worth $1,423,385,000 after buying an additional 4,743,787 shares during the period. First Trust Advisors LP boosted its stake in Zscaler by 36.2% during the first quarter. First Trust Advisors LP now owns 3,518,678 shares of the company’s stock worth $493,635,000 after acquiring an additional 935,781 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in Zscaler by 43.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,572,358 shares of the company’s stock worth $578,576,000 after purchasing an additional 777,414 shares during the period. AQR Capital Management LLC increased its stake in Zscaler by 61.8% in the third quarter. AQR Capital Management LLC now owns 1,941,571 shares of the company’s stock valued at $576,083,000 after purchasing an additional 741,756 shares in the last quarter. Finally, Pictet Asset Management Holding SA raised its holdings in shares of Zscaler by 52.5% during the first quarter. Pictet Asset Management Holding SA now owns 1,920,540 shares of the company’s stock valued at $269,285,000 after purchasing an additional 661,413 shares during the period. 46.45% of the stock is currently owned by institutional investors.

About Zscaler

Zscaler is a cloud security company that delivers a cloud-native platform to protect users, applications and data as organizations move away from traditional, network-centric security architectures. The company focuses on a zero trust approach that assumes no implicit trust for users or devices, providing secure access to the internet, SaaS applications and private applications regardless of where users are located. Zscaler positions its services as an alternative to legacy appliances and site-centric VPNs, aiming to simplify security while enabling modern, distributed workforces.

Key offerings are built around the Zscaler Zero Trust Exchange, a multi-tenant cloud platform that enforces security and access policies in-line.